Analyze properties using tools like BiggerPockets Rental Property Calculator to assess if a property will cash flow.

I've tried talking with some of the agents suggested by the auto-tool BP provides for "find agents in your area", (only 5 were suggested!

Many Realtors are bitter because you are effectively competition on what could have been their listing.

For the past decade, our team at Rent to Retirement has been helping investors navigate this process effectively with BP.

I never would have imagined these kind of effects from a hurricane in Western NC. 

These are the tools at your disposal that will help you avoid liability.

Cost segregation is a commonly used strategic tax planning tool that allows companies and individuals who have constructed, purchased, expanded or remodeled any kind of real estate to increase cash flow by accelerating depreciation deductions and deferring federal and state income taxes.When a property is purchased, not only does it include a building structure, but it also includes all of its interior and exterior components.

A good PM should be on top of this and not simply ride out the market shifts.Technology & Reporting: What tools do they use to monitor guest interactions, maintenance, and property performance?

I will for sure put this in my tool kit.

Having said that, it could be a useful tool in your toolbox once the portfolio grows large enough.